MUPTE Program Requirements
Multi-Unit Property Tax Exemption (MUPTE) Requirements
- The owner and developer can be a for-profit entity
- Rental units may be offered at market rate if affordable housing isn't one of the stated public benefits.
- If not providing affordable housing, the property will pay 10% of its exemption into a fund to support the future affordable housing development
- The duration of the exemption is up to 10 years.
- Each application is reviewed on a case-by-case basis with a demonstrated financial need.
- If approved, the project will receive up to a 100% exemption for the portions of the property the exemption would apply to.
- Each project is required to also create either one substantial public benefit or three smaller, but impactful public benefits.
Eligible Zones
- Commercial Mixed-Use Zones 2 and 3
- The portion of the CMU-1 (Commercial Mixed Use) Zone that is located north of Monroe Avenue, East of 26th Street, South of Van Buren Avenue and West of 14th Street.
- RMU-20 (Note: Areas zoned RS – 20 may also be rezoned to RMU – 20)
Public Benefits
- Public Benefit Categories
- Additional Support for Affordable Housing (beyond what is required)
- Abandoned, vacant or underdeveloped properties
- Public Infrastructure
- Placemaking or Active Public Spaces
- High Quality Urban Design/Special Architectural Features
- Sustainable Building and Climate Mindfulness
- Local Labor, Materials, or Ownership
- Economic Opportunities
- Economic Catalytic Effect
- Retrofitting Existing Buildings
- Connectivity Improvements
Project Evaluation Grid
Contact Info:
Brigetta Olson
Housing and Neighborhood Services Division
541-766-6555
